Category: This Month in Coal

Peabody Proceeds With Re-entry of North Goonyella

Peabody Energy has commenced re-entry of Zone 1 of the North Goonyella mine in Moranbah in consultation with the Queensland Mine Inspectorate. This is part of a comprehensive, phased re-ventilation and safe re-entry plan for the...

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Anglo Approves Aquila Project

Anglo American Board of Directors approved the Aquila project to extend the life of the Capcoal underground (Grasstree mine) hard-coking coal operations in Queensland, Australia, by six years, to 2028. With an expected...

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Blackjewel Becomes Latest PRB Casualty

by Jennifer Jensen, Associate Editor After filing for bankruptcy on July 1, Blackjewel LLC has received approval for the sales of most of its mines. “The company believes the proposed transactions generate the maximum value...

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EPA Finalizes ACE Rule

The U.S. Environmental Protection Agency (EPA) issued the final Affordable Clean Energy (ACE) rule, which will replace former President Barack Obama administration’s Clean Power Plan (CPP). The new rule “restores the rule of law...

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Adani Can Begin Construction on Carmichael Mine

On June 13, the Queensland government gave the final environmental approval of Adani’s Carmichael mine in Central Queensland. The project, which has been in the planning stages for eight years, can now begin construction. The...

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Peabody, Arch Coal Combine PRB, Colorado Assets

Two of the top coal producers in the U.S. are joining forces. Peabody Energy and Arch Coal have entered into an agreement to combine their Powder River Basin and Colorado assets in a joint venture. The joint venture will...

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South Africa Awaits Coal Asset Sale

By Gavin du Venage, South African Editor CAPE TOWN, South Africa—The sale of the South African coal assets of Australia-listed South32 is nearing completion, with final bids expected in June. This will be one of the largest coal...

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Sasol Opens New Mine in South Africa

Sasol officially opened a new colliery in Mpumalanga, South Africa, where it beneficiates coal into high-value fuel and chemical products at world scale. Meaning “success” in Nguni, Impumelelo is one of three world-class mines...

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Foresight Delivers Record Steam Coal Sales in 2018

Foresight Energy capitalized on strong export markets and improved domestic spot opportunities to post record steam coal sales of 23.4 million tons in 2018, generating total revenue of $1.1 billion and adjusted EBITDA of more...

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Glencore Will Limit Coal Production

The world’s largest exporter of thermal coal, Glencore announced it would be capping its yearly coal production in the future to combat climate change. Glencore said it will prioritize its capital investment to grow production...

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